Cryptocurrencies Price Prediction: Bitcoin Cash, Band & Ethereum – Asian Wrap 19 Oct
|Bitcoin Cash Technical Analysis: BCH breakdown seems unstoppable
Bitcoin Cash bearish outlook started to materialize on Friday following widespread declines. The crypto market's selloff was attributed to the unpalatable news that OKEx suspended all digital assets/cryptocurrencies withdrawals. Before that, FXStreet discussed the coin's bearish scenario following the formation of a rising wedge pattern.
Band Protocol Technical Analysis: BAND impressive recovery eyes $7.5
Band Protocol is crowing the weekend with a remarkable recovery. Following losses from $7.5, support was embraced at $5.8. Over the last few days, the progress made can be attributed to the support Band Protocol is receiving after a successful mainnet launch. At the time of writing, the token is trading at $6.4 amid a fast building bullish momentum.
Ethereum Price Prediction: ETH must hold this crucial support for bullish outlook to $400
The smart contract token experienced an incredibly eventful week, starting with a ballistic rise to $395 and ending with a slump to $360. The price action to $400 was invalidated on Monday, opening the Pandora box. Support between $375 and $380 saw ETH take a hiatus from the downtrend.
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